Google made $38.3 billion in revenue, compared to $38.9 billion during the same time last year, according to Alphabet’s Q2 earnings report.
Google’s parent company Alphabet reported the first revenue decline in the company’s 22-year history when it released its Q2 earnings on Thursday. During the second quarter of this year, Alphabet made $38.3 billion in revenue, compared to $38.9 billion during the same time last year, which is a 2% decrease. Chief Financial Officer of Alphabet and Google, Ruth Porat, said in the earnings call that a gradual improvement in advertising largely drove revenue.
